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$377,000
Brampton
37 Rosedale Avenue West, Brampton (Downtown Brampton), Ontario, L6X1K3
This home in Brampton is for sale offering roughly 350 sq ft of space. It has been on the market 29 days, fresher than the Brampton average of 107 days.
Great Opportunity in the Heart of Downtown Brampton! Fire-damaged property offering excellent potential for renovation or new construction, ideally located in the heart of downtown Brampton. Just steps away from the theatre, GO Station, university, shopping, and beautiful parks. This property offers an outstanding location with plenty of possibilities. The current owner has already spent $15,000 on demolition and cleanup. There are Two Options to Choose From: OPTION 1 - Build a Brand-New Home. A building permit has already been obtained from the City for the construction of a new house on this lot. The permit may be transferable to the new owner, subject to the City's approval. OPTIONI 2 - Renovate into a DUPLEX. The seller has already invested in architectural drawings and an engineering report and has applied to the City for a renovation permit to convert the existing house into a duplex, featuring: Main level: 2 bedrooms, bathroom, kitchen. Basement: 2 bedrooms, bathroom, kitchen. The architectural drawings, engineering report, and permit application can be made available to the new owner, subject to the applicable City requirements. The seller can also provide the contact information for a contractor who can undertake the renovation. Property sold As Is Where Is. An excellent opportunity for builders, investors, or buyers looking to create a customized property in a prime downtown location. Listing Agent has interest in the property. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 29 days on market, against an average age of 107 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
This single family in Brampton (Downtown Brampton) has been listed for 29 days, which is 78 days fresher than the city average of 107. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $377,000, about 3.3× the local median household income of $116,000.
Carrying it typically needs a household income of about $73,641 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L6X)
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Loading rates, 30-yr amortization
Cash Needed to Close
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